HARPEFOSSEN HYTTEGREND AS

6773 NORDFJORDEID

Finances

Return on Equity

−11,84 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 201 000	7 128 000	4 816 000	3 784 000
Net Income	−749 000	1 351 000	1 363 000	959 000
Total Assets	7 019 000	8 579 000	8 634 000	7 814 000
Total Equity	6 325 000	7 073 000	5 723 000	4 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 201 000	7 128 000	4 816 000	3 784 000
Expenditure	3 168 000	5 398 000	3 071 000	2 553 000
Operating Profit	−967 000	1 730 000	1 745 000	1 230 000
Financial Income	8 000	6 000	5 000	5 000
Financial Costs	1 000	4 000	3 000	6 000
Financial Balance	7 000	2 000	2 000	−1 000
Earnings Before Tax	−960 000	1 732 000	1 747 000	1 229 000
Tax	−211 000	381 000	384 000	270 000
Net Income	−749 000	1 351 000	1 363 000	959 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 185 000	5 679 000	5 691 000	5 027 000
Total Current Assets	1 834 000	2 900 000	2 943 000	2 787 000
Total Assets	7 019 000	8 579 000	8 634 000	7 814 000
Total Retained Equity	5 382 000	6 130 000	4 780 000	3 417 000
Total Equity	6 325 000	7 073 000	5 723 000	4 360 000
Total Long-Term Debt	0	205 000	217 000	23 000
Total Current Debt	694 000	1 301 000	2 695 000	3 431 000
Total Equity and Debt	7 019 000	8 579 000	8 634 000	7 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 106 000	7 038 000	4 816 000	3 784 000
Other Income	94 000	90 000	0	0
Revenue	2 201 000	7 128 000	4 816 000	3 784 000
Cost of Goods Sold	532 000	3 275 000	1 239 000	989 000
Salary Costs	176 000	162 000	133 000	143 000
Depreciation	553 000	550 000	523 000	464 000
Impairment	0	0	0	0
Expenditure	3 168 000	5 398 000	3 071 000	2 553 000
Operating Profit	−967 000	1 730 000	1 745 000	1 230 000
Financial Income	8 000	6 000	5 000	5 000
Financial Costs	1 000	4 000	3 000	6 000
Financial Balance	7 000	2 000	2 000	−1 000
Dividends	0	0	0	0
Net Income	−749 000	1 351 000	1 363 000	959 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 167 000	5 667 000	5 679 000	5 015 000
Total Tangible Assets	5 167 000	5 667 000	5 679 000	5 015 000
Total Fiancial Fixed Assets	13 000	13 000	13 000	13 000
Total Fixed Assets	5 185 000	5 679 000	5 691 000	5 027 000
Stock	1 015 000	1 085 000	2 631 000	1 731 000
Total Investments	0	0	0	0
Cash, Bank	681 000	1 651 000	17 000	829 000
Total Current Assets	1 834 000	2 900 000	2 943 000	2 787 000
Total Assets	7 019 000	8 579 000	8 634 000	7 814 000
Total Equity	6 325 000	7 073 000	5 723 000	4 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	205 000	217 000	23 000
Creditors	335 000	379 000	1 648 000	1 980 000
Unpaid Taxes	38 000	29 000	23 000	24 000
Dividends	0	0	0	0
Other Current Debt	322 000	501 000	534 000	1 426 000
Total Current Debt	694 000	1 301 000	2 695 000	3 431 000
Total Equity and Debt	7 019 000	8 579 000	8 634 000	7 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,84 %	19,1 %	23,82 %	22 %
Debt-to-Equity Ratio	0	0,03	0,04	0,01
Operating Profit Margin	−43,93 %	24,27 %	36,23 %	32,51 %
Current Ratio	2,64	2,23	1,09	0,81
Quick Ratio	−5,71	13,43	45,98	1,64
Equity Ratio	0,9	0,82	0,66	0,56
Gross Profit Margin	75,83 %	54,05 %	74,27 %	73,86 %